EU's Barnier sends sterling above $1.30 for first time in 3 weeks

LONDON (Reuters) - Sterling rallied by more than a percent to cross the $1.30 line for the first time in three weeks on Wednesday after the European Union's chief Brexit negotiator signaled an accomodative stance towards the United Kingdom in ongoing talks.Michel Barnier said the bloc was prepared to offer Britain an unprecedentedly close relationship after it quits the EU, but it would not permit anything that weakened the body's single market.His comments offered some relief to battered..